P2P Sharia funding is increasing in Indonesia (Credit: Jonny-mt, Wikicommons)

Islamic Finance

Indonesia's Ethis Group secures $1.6 million in pre Series-A funding to expand operations


Indonesia's Ethis Group is bolstering Shariah compliant crowdfunding platforms, aiming to raise $10 million in an upcoming full Series A round

JAKARTA – Ethis Group, which operates regulated Shariah-compliant crowdfunding platforms in Indonesia, Malaysia and Dubai, has raised $1.6 million in pre Series-A funding.

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Financing